At a Glance
- Tasks: Support risk management and control processes in a dynamic financial environment.
- Company: Join Pemberton Asset Management, a leading European private credit manager.
- Benefits: Competitive salary, professional development, and a collaborative work culture.
- Other info: Opportunity for career growth in a diverse and inclusive workplace.
- Why this job: Make a real impact in operational risk while advancing responsible investing.
- Qualifications: 6+ years in operational risk, preferably in finance or asset management.
The predicted salary is between 60000 - 80000 £ per year.
Pemberton Asset Management is a leading European private credit manager. Built on more than a decade of experience and deep credit expertise, we provide innovative, cycle-tested private credit solutions for LPs and GPs. Pemberton’s extensive origination network of ten European offices, local market and sector expertise are core characteristics of Pemberton’s value proposition. A substantial investment team, a broad and independent credit function and rigorous credit analysis inform our investment approach. We are committed to advancing responsible investing in private credit and fostering long‑term value through transparent partnerships. Pemberton manages USD $28.8bn in AuM and employs more than 200+ staff globally.
Level: Associate / Associate Director
Functional Title: Associate / Associate Director, Operational Risk and Control (FTC)
Location: London
Role Relationships
- Reports directly to the Head of Risk, London.
- Works closely with members of the Risk and Compliance team (London and Luxembourg).
- 1st Line business control owners across the group.
- Technology team.
Role Specification
Core Responsibilities
- Control Report – ISAE3402 Type 1 and Type 1 Support: Assist in the design and execution of the Control assurance report for our investors, including gathering and aligning relevant key risk/control data, developing robust evidence log, providing guidance and challenge to business owners, and supporting the development of Management assertions. Help maintain and update assurance logs and follow up on outstanding actions.
- Risk Oversight and Remediation: Monitoring and reporting of key risk remediation progress. Support risk and control design and effectiveness reviews of inherent high-risk processes. Third party risk management continual improvements. Change risk.
- Risk and Control Data: Beyond ISAE3402 support maturity initiatives in aligning all risk and control data for Risk events (errors), Assessments, Third party risks, and Operational Resilience against common taxonomies. Support design and development of GRC (Risk and control system) capabilities.
- Operational Risk Framework: Continual development of operational risk guidance and education e.g. RCSA, Change Risk and Risk Issue approaches. Control Assurance methodologies for ISAE3402 embedding.
Additional Responsibilities
- Support the implementation and updating of related Risk management policies and procedures as directed e.g. Risk Appetite, KRI development.
- Support the production of Risk reports.
- Help coordinate responses to internal and external audit requests.
Risk and ESG Responsibilities
In performing regulated and unregulated activities for the firm, the Operational Risk and Control AD will follow the firm’s conduct rules:
- Act with integrity.
- Act with due care, skill, and diligence.
- Open and cooperative with the regulators.
- Pay due regard to the interests of customers and treat them fairly.
- Observe proper standards of market conduct.
- Ensure all Compliance activity takes into consideration ESG factors to maximise corporate sustainability and support the firm’s diversity and inclusion objectives.
Person Specification
Work Experience & Qualifications
Ideally 6+ years’ exposure to Operational risk in financial services preferably including experience in private finance and/or asset management. Strong experience in Operational Risk methodologies and their deployment through guidance and training, including but not limited to:
- Risk Identification and Risk Event management.
- Risk and Control Self-Assessment.
- Control assurance.
- Risk Issue and Action Management.
Associate / Associate Director, Operational Risk and Control (FTC - 6 Months) employer: Pemberton
Pemberton Asset Management is an exceptional employer, offering a dynamic work environment in the heart of London where innovation and responsible investing are at the forefront. With a commitment to employee growth, Pemberton provides extensive training opportunities and fosters a collaborative culture that values transparency and partnership. Joining our team means being part of a leading private credit manager with a strong focus on operational excellence and a diverse, inclusive workplace.
StudySmarter Expert Advice🤫
We think this is how you could land Associate / Associate Director, Operational Risk and Control (FTC - 6 Months)
✨Join Financial Networking Events
Jump into local finance meetups and conferences — they’re a goldmine for temporary roles in banking and financial services. You can chat with industry professionals and even get leads on upcoming opportunities that might not be posted online yet.
✨Utilise Temp Agencies Specialised in Finance
Reach out to temp agencies that focus on the banking sector. They often have strong ties with various firms and can help you secure short-term gigs that can help beef up your CV and get your foot in the door at firms like Pemberton.
✨Connect with Alumni from Your Uni
Don't underestimate the power of your university’s alumni network. Many former students are working in banking and can help you find temporary roles or even offer mentorship. Reach out directly or attend alumni events to broaden your circle.
✨Stay Active on Job Boards and Company Websites
Keep your eyes peeled on job boards specifically for finance roles. Companies like Pemberton might post temporary positions directly on their sites, so make sure to apply there too. Set alerts to catch those roles the moment they go live!
We think you need these skills to ace Associate / Associate Director, Operational Risk and Control (FTC - 6 Months)
Some tips for your application 🫡
Show Off Your Academic Achievements:In banking and financial services, your academic record can really make you stand out. List relevant grades, certifications, or coursework on your CV, especially if you've taken finance-related modules. This is particularly important for a temporary role where qualifications can help you shine even brighter!
Highlight Relevant Experience:If you’ve done any internships, part-time roles, or even coursework that aligns with banking or finance, make sure you include those! Showcase specific tasks where you used quantitative skills or analytical thinking, as this is what the hiring managers at Pemberton will be keen to see in your application.
Tailor Your Cover Letter Purposefully:When writing your cover letter, focus on why you’re interested in a temporary position at Pemberton. Let them know how you can quickly adapt to the team's needs and how eager you are to learn the ropes of the banking sector during this short stint. Your motivation and enthusiasm could really set you apart!
Be Prepared with References:For temporary roles, references can play a crucial role in your application. Make sure you’ve got a couple of references lined up who can vouch for your skills and work ethic. This helps to give Pemberton confidence in your short-term commitment to the role.
How to prepare for a job interview at Pemberton
✨Brush Up on Financial Regulations
Since this is a role in banking and financial services, be ready to discuss key regulations like MiFID, Basel III, or GDPR. These are hot topics, and your awareness of how they impact daily operations can give you a significant edge during your interview with Pemberton.
✨Showcase Your Analytical Skills
Prepare for interview questions that assess your analytical abilities. You might need to tackle hypothetical scenarios involving risk assessment or financial forecasting. Bringing examples of relevant projects or coursework can emphasise your practical understanding of these concepts.
✨Highlight Flexibility and Adaptability
For a temporary role, showing that you can quickly pick up new processes and tools is crucial. Be ready to discuss previous experiences where you had to adapt to changing requirements or tight deadlines, as this will reassure Pemberton that you’re a reliable team player.
✨Demonstrate a Willingness to Learn
In a temporary position, leaning into your eagerness to learn can really set you apart. Be prepared to share how you’re staying updated on industry trends or any additional training you've pursued. Employers appreciate candidates who are proactive about their development—even for short-term roles.
